oggy, McrathNicol are well known for their Administration/Receivership/liquidation work.
They also conduct many other business operation services that are less publicised. I had a quick look to see if I could come up with an example that might resemble our situation. It is a far removed example but the diminution in value ( considering potential goodwill) caught my eye as having similarities. As we can read there is a certain endeavour to come up with workable options evident in their work, it has a positive tone to how they go about building robust financial models.
I understand Slater are not McGrath's client but no doubt it is the approach shown in this example that they will be taking to the table with Slater finance team and PwC. All parties, including the syndicate, want a workable solution that goes without saying.
SGH Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held